ABSOLUTE REAL ESTATE AUCTION
WHEN: THURSDAY DECEMBER 5th, 2019
TIME: 10:00 AM
WHERE: 452 Gosche Hollow Road, Fredonia, KY 42411
4 BDRM HOME & 2 BARNS ON 41 ACRES IN 4 TRACTS
EXCELLENT MINI FARM POTENTIAL!
OPEN HOUSE: SUNDAY, NOV. 24th 1-3 PM
Real Estate Tracts: 15.12 Acres, Tract 2: 12.64 Acres, Tract 3: Home & 2 Barns on 6.61 Acres, Tract 4: 6.94 Acres
Tract 3 Details: This 3,820 Sq. Ft. Vinyl Sided Home Features 4 spacious bedrooms, and 3 bathrooms. The Open concept living space that seamlessly flows into the dining room and kitchen boasts floor to ceiling windows that perfectly display the unobstructed views of rolling hills and pastures. The loft overlooking the family room creates even more of an open concept feature that makes it perfect for entertaining. Not only does the living room have a beautiful view and plenty of space, it also houses a fireplace, perfect for colder weather. Two sizable bedrooms, One full bathroom, a family room, and a kitchenette is located downstairs in the finished walk out basement. Not only is there plenty of space in the interior of the home, but there is also ample deck space leading from the kitchen and master bedroom and a 3 car + utility garage attached to the home.
There is a 60’X80’ Metal Barn with Large doors on all 4 sides and a 2,726 Sq. Ft. Barn also located on the property.
REAL ESTATE SELLS ABSOLUTE TO THE HIGHEST BIDDER AT 10:00 AM!!
AUCTION HELD ON SITE, REGARDLESS OF WEATHER!
TERMS AND CONDITIONS
PROCEDURE: The property will be offered in 4 individual tracts, any combination of tracts, or as a whole property. The property will be sold in the manner resulting in the highest total sale price.
BUYER’S PREMIUM: A 10% Buyer’s Premium will be added to the final bid and included in the contract price.
DOWN PAYMENT: 15% as down payment on the day of the auction with balance in cash at closing on or before 30 Days. The down payment may be in the form of cashier’s check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.
CLOSING: Closing shall take place on or before 30 days from auction date.
REAL ESTATE TAXES: All 2019 ad valorem taxes will be prorated at closing
SURVEY: A survey has been completed by Dennis Looper Land Surveying. The Seller & Buyer will share the cost of the survey on a 50:50 basis. The survey provided shall be for the perimeter only, when tracts are combined.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections investigations, inquires, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the auctioneer are final.
NEW DATA, CORRECTIONS, AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.
PERSONAL PROPERTY TERMS: A 10% Buyer Premium Will Be Added To The Final Bid. Full settlement due day of sale. Cash or check accepted with proper identification.